John Hancock Investors Trust (NYSE:JHI) Director Kenneth Phelan Buys 730 Shares

John Hancock Investors Trust (NYSE:JHI) Director Kenneth Phelan purchased 730 shares of the firm’s stock in a transaction that occurred on Tuesday, January 27th. The stock was purchased at an average price of $13.75 per share, with a total value of $10,037.50. Following the purchase, the director directly owned 730 shares of the company’s stock, valued at $10,037.50. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

John Hancock Investors Trust Trading Up 0.1%

Shares of NYSE:JHI traded up $0.02 during trading hours on Tuesday, reaching $13.74. The stock had a trading volume of 21,121 shares, compared to its average volume of 28,784. John Hancock Investors Trust has a 1 year low of $11.61 and a 1 year high of $14.51. The firm’s 50 day moving average is $13.74 and its 200-day moving average is $13.90.

John Hancock Investors Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Thursday, December 11th were given a dividend of $0.3649 per share. This represents a $1.46 dividend on an annualized basis and a yield of 10.6%. The ex-dividend date was Thursday, December 11th. This is an increase from John Hancock Investors Trust’s previous quarterly dividend of $0.32.

Institutional Trading of John Hancock Investors Trust

Institutional investors have recently added to or reduced their stakes in the stock. Shaker Financial Services LLC lifted its position in shares of John Hancock Investors Trust by 25.2% during the 2nd quarter. Shaker Financial Services LLC now owns 183,223 shares of the financial services provider’s stock valued at $2,537,000 after acquiring an additional 36,824 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in shares of John Hancock Investors Trust by 10.0% during the second quarter. Osaic Holdings Inc. now owns 82,180 shares of the financial services provider’s stock valued at $1,137,000 after purchasing an additional 7,480 shares during the last quarter. Invesco Ltd. boosted its position in shares of John Hancock Investors Trust by 5.1% in the 2nd quarter. Invesco Ltd. now owns 75,480 shares of the financial services provider’s stock valued at $1,045,000 after purchasing an additional 3,689 shares during the period. Riverbridge Partners LLC increased its stake in John Hancock Investors Trust by 36.5% in the 4th quarter. Riverbridge Partners LLC now owns 45,908 shares of the financial services provider’s stock worth $628,000 after purchasing an additional 12,270 shares in the last quarter. Finally, Stratos Wealth Partners LTD. raised its holdings in John Hancock Investors Trust by 4.3% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 40,157 shares of the financial services provider’s stock worth $562,000 after buying an additional 1,644 shares during the period. Hedge funds and other institutional investors own 27.01% of the company’s stock.

About John Hancock Investors Trust

John Hancock Investors Trust (NYSE: JHI) is a closed-end management investment company that offers investors access to a diversified portfolio of global securities. Established in 1929, the trust seeks to combine long-term capital growth with income generation through active portfolio management. Shares of the fund trade on the New York Stock Exchange, providing investors with the liquidity of an exchange-traded security alongside the diversification benefits of a professionally managed fund structure.

The fund’s investment strategy emphasizes a multi-asset approach, allocating capital across global equities, fixed-income instruments and convertible securities.